Is that Enerplus? I just dabbled in it and broke even on may17puts. I think it has hit its floor. I say that because it dropped very little when the rest of the market dropped. It will not stay that low for more than six weeks, as most issues that fall that far rarely assume a lateral movement for long while sustaining a 12% dividend all from earnings. I think it is all from earnings anyway.
Still holding some may 19calls, which it breasted once but did not meet my sell number. Natural gas pricing is what caused most of the [panic] slump.